Acquiring Company
Patil Automation Limited
Acquired Company
Mii Robotics Private Limited
Description
Patil Automation Limited has approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited, increasing its ownership to 70%. This strategic move is aimed at enhancing capabilities in the defence automation segment. The transaction is expected to be completed within 30 days, reinforcing collaboration between both companies.
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Based on deal dataFrequently asked
Who acquired Mii Robotics Private Limited?
Mii Robotics Private Limited was acquired by Patil Automation Limited, based in Pune. The deal was reported on August 10, 2026. Patil Automation Limited specializes in end-to-end automation systems for various sectors, including automotive, electric vehicles, defense, and renewable energy. Patil Automation Limited is privately held and operates in Manufacturing.
When did Patil Automation Limited acquire Mii Robotics Private Limited?
Patil Automation Limited's acquisition of Mii Robotics Private Limited was reported on August 10, 2026. Patil Automation Limited has approved the acquisition of an additional 10% equity stake in Mii Robotics Private Limited, increasing its ownership to 70%. This strategic move is aimed at enhancing capabilities in the defence automation segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mii Robotics Private Limited do?
Mii Robotics Private Limited, established in 2017, specializes in automation solutions for the defence and aerospace sectors. It is privately held, operating in Manufacturing, and is based in Pune.